Regaltrader

Nasdaq Short on the break of complex triangle

Short
OANDA:NAS100USD   US Nas 100
The assert failed to close above 1386x therefore the is still a more room to the down side to go test 161.8 fib zone of wave AB. therefore the complex triangular formation act as an extension of the correction to meet the rules of leg C that will then give about the completion of the retracement or correction

In the meantime it is best to monitor this triangle but the overall sentiments remains short
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